Pizza Hut is an American restaurant chain and international franchise that was founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The company is known for its Italian-American cuisine menu, including pizza and pasta, in addition to side dishes and desserts. Pizza Hut has 18,431 restaurants worldwide at the time of December 31, 2018, making it the world’s largest pizza chain with regards to locations. It is a subsidiary of Yum! Brands, Inc., one of many world’s largest restaurant companies.
Although state and native laws limit where it may offer beer delivery, there are 22 states that allow it, and it also represents a smart way for Yum! Brands to develop Pizza Hut sales further.
The initial Pizza Hut (pictured) opened on June 15, 1958, in Wichita, Kansas.
Pizza Hut was founded in June 1958 by two Wichita State University students, brothers Dan and Frank Carney, as being a single location in Wichita, Kansas. Half a year later they opened an additional outlet and within a year they had six Pizza Hut restaurants. The brothers began franchising in 1959. The iconic Pizza Hut building style was made in 1963 by Chicago architect George Lindstrom, and was implemented in 1969. PepsiCo acquired Pizza Hut in November 1977.
Before closing in 2015, the oldest continuously operating Pizza Hut is in Manhattan, Kansas, in a shopping and tavern district referred to as Aggieville near Kansas State University. The very first Pizza Hut restaurant east in the Mississippi River was opened in Athens, Ohio, in 1966 by Lawrence Berberick and Gary Meyers.
Pizza Hut’s international presence includes Canada and Mexico in North America, and India (not within the Pizza Hut division, but in the Yum! India division), Bangladesh, Pakistan, Japan, Saudi Arabia, the United Arab Emirates, Qatar, the Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Brunei Darussalam, China (now part of Yum! spinoff Yum China), Hong Kong, Taiwan, South Korea, Myanmar, and Macau in Asia. Pizza Hut was one of the first American franchises to start in Iraq. In Europe these are in United Kingdom, Sweden, Norway, Finland, Germany, Spain, Turkey; in Honduras, Costa Rica, El Salvador, Guatemala, Colombia, Nicaragua, Venezuela, Chile, Brazil, Peru and Ecuador, in South and Central America; in Ethiopia, South Africa and Tanzania in Africa; and then in Australia, New Zealand in Oceania.
The business announced a rebrand that began on November 19, 2014, in an attempt to increase sales, which had dropped in the earlier two years. The menu was expanded to introduce various items including crust flavors and 11 new specialty pizzas. Work uniforms for employees were also refreshed. In 2017, Pizza Hut was listed by UK-based company Richtopia at number 24 within the list of 200 Most Influential Brands on earth.
On June 25 and 27, 2019, it had been reported that pizza hut buffet near me is returning their logo using the “Red Roof”, which was used from 1967 until 1999.
On August 7, 2019, Pizza Hut announced its intention to close about 500 of their 7,496 dine-in restaurants in the US, by the center of 2021.
Pizza Hut Delivery.
Beer Delivery Spurs Pizza Hut Sales Growth.
Few things go together along with beer and pizza, which is likely why the Yum! Brands beer delivery program for its Pizza Hut chain is really a success.
It started out as being a small test in Arizona in 2017 and expanded to 300 locations in seven states earlier this year. By January 2020, it needs to be in 1,000 stores — perfect timing just ahead of the Super Bowl in February.
There are 7,500 Pizza Huts inside the Usa, but changes in dining preferences mean people aren’t eating at the restaurants as often. Data from your National Restaurant Association indicates 60% of all restaurant transactions are off-premises, whether via the drive-thru window, takeout, or delivery.
It noted, “Today’s consumers’ on-the-go lifestyles and need for convenience are driving increased off-premises usage across all formats.”
Pizza Hut has finally recognized the modification. In a bid to make itself a little more like rival Domino’s (NYSE:DPZ), that is almost wholly an off-premises operation, the Yum! Brands chain is converting most of its dine-in restaurants to your carryout/delivery format. It can remodel 500 on the next two years, or around 8% of their base.
Store expansion will be slowed while the conversion is underway, and it’s likely a lot of new stores it will open will fit this format. The advantage is the fact that because such locations are smaller, they’re cheaper to develop and may be in areas where larger restaurants may not be appropriate.
It brings the store much even closer to in which the customer is, a vital feature of Domino’s “fortressing” plan, which is to load up a location featuring its pizza shops, even if it cuts into sales at its existing restaurants. The thought is the fact overall sales will grow even when individual operators see declines.
A better pairing
That may seem to be a sketchy strategy, particularly from franchisees’ perspective. But offering a better benefit from ordering from the restaurant — say, simply by making beer available — looks like an improved long term strategy. Many Pizza Huts curently have a liquor license (only those that have one can get involved in this system).
The initial pilot program offered only Anheuser-Busch InBev (NYSE:BUD) brands, including Budweiser, Bud Light, Shock Top, in addition to a local craft beer. Pizza Hut subsequently expanded it to add beer from Molson Coors’ (NYSE:TAP) MillerCoors division, which supported the pilot with advertising. The response was overwhelming, from consumers and franchisees.
Wanda Williams, Pizza Hut’s v . p . for operations, told the MillerCoors blog: “Once we look at the level of new clients and incremental sales from beer delivery sales, we are able to say all have started at a significant rate. It’s a huge initiative for us.”
Kicking off more growth
The beer delivery expansion would be timed perfectly for the Super Bowl. Pizza Hut scored a large coup in the event it replaced Papa John’s because the NFL’s official pizza sponsor. Chicken wings and pizza are two of the very-ordered items throughout the game, and Pizza Hut offers both through its WingStreet business.
Yum! Brands has become working to build up Pizza Hut again after a two-decade decline in market share from 25% to 14% between 1995 and 2016. It has since stabilized the business and comparable-store sales are up 1% year currently and twoPercent inside the second quarter, improving on the flat comps in 2018.
Pizza Hut News.
A huge Pizza Hut operator buys 27 Arby’s locations.
The newly formed Quality Restaurant Group adds a second brand name and names Matthew Slaine CEO.
A sizable Pizza Hut operator includes a new brand and a whole new CEO.
Newly formed Quality Restaurant Group (QRG), which operates greater than 200 Pizza Hut locations under its Quality Huts subsidiary, in the week named a new CEO in Matthew Slaine and also acquired 27 Arby’s locations since it branches out into another brand.
The Raleigh, N.C.-based company acquired the 27 locations from another franchisee, the Bentley-Miller Group. The Arby’s division is going to be referred to as Quality Meats.
Slaine, meanwhile, will oversee the whole organization. He or she is a former CEO of Progressive Business Media, an advertising and marketing services and communications company. He had previously dealt with several financial services firms.
“The opportunity that QRG has inside the quick-service industry is among the best I’ve seen,” said Bob Crumley, QRG’s chairman along with a former executive of Hardee’s franchisee Boddie-Noell Enterprises, in a statement.
Quality Huts, backed by private-equity firm GenRock Capital Management, continues to be rapidly acquiring Pizza Hut locations in the Southeast. Incorporating Arby’s and development of Quality Restaurant Group gives it a format tamygs which it may expand further, and not just with the two existing brands.
“Having on the core of our own business two of the most respected names within the QSR industry, such as the most popular name in the pizza category, we have been primed for fulfillment with a significant pipeline of growth opportunities across our current and future brands,” said Matthew Ailey, founder of GenRock, in a statement.
Quality Restaurant Group’s Pizza Hut locations have been in the Chicago, Indianapolis, Baltimore, Pittsburgh, and South Bend, Ind., markets. Its Arby’s will be in Colorado, Montana, Nebraska, Wyoming and South Dakota.